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Trump Signals Near End to Iran Conflict Amid Conflicting Messages

  President Donald Trump has suggested that the United States is “very close” to winding down its military campaign in Iran, even as the conflict continues to escalate across the region. Speaking to reporters, Trump said the U.S. could end its operations within “two to three weeks,” emphasizing that Iran does not need to agree to a deal for the war to conclude. The remarks come as the administration prepares a national address on the Iran conflict, now entering its second month. The war has caused widespread destruction, disrupted global energy markets, and driven oil prices sharply upward. Despite Trump’s statements about de‑escalation, U.S. troop deployments have increased, with thousands of additional Marines sent to the Middle East.  Trump’s messaging has been inconsistent. While he has publicly hinted at a drawdown, he has also positioned U.S. forces for potential expanded operations and delayed major strikes in hopes of diplomatic progress—progress Iran denies is occu...

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Wall Street Slips to Start 2024 and Gives Back Some of Last Year’s Big Gains

 


The stock market started the year on a negative note, with Wall Street slipping and giving back some of last year’s big gains.

Futures for the S&P 500 lost 0.8% before the bell on the first trading day of 2024, while futures for the Dow Jones Industrial Average slid 0.7%. The S&P 500 slipped 13.52 points, or 0.3%, to 4,769.83. The benchmark index still posted a rare ninth consecutive week of gains and is just 0.6% shy of an all-time high set in January of 2022.

The Dow Jones Industrial Average fell 20.56 points, or 0.1%, to 37,689.54 after setting a record Thursday. The Nasdaq slipped 83.78 points, or 0.6%, to 15,011.35, but that was barely a blemish on an annual gain of more than 43%, its best performance since 2020.


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